Can Small-Cap Stocks Have Their Day?

An FT article makes the case for domestically-focused U.S. companies. And can investors build a portfolio around a strengthening dollar?

Much of the ink spilled in recent weeks about the bull market has focused on the leadership role of consumer-staples and other more defensive-minded stocks.

But as Richard Bernstein, chief executive of Richard Bernstein Advisors, points out in the Financial Times, "few have noticed the secular shift in performance that is under way in which smaller, more domestically focused companies are outperforming.''